Search results for: SCO
‘Complex Challenges’ Ahead as SEC Nears Dual-Share-Class Approval
Since April, the Investment Company Institute has looked into what asset managers may need to launch exchange-traded-fund share classes within existing mutual fund portfolios.
Social Security Commissioner Bisignano Named ‘CEO’ of IRS
Frank Bisignano is the first commissioner charged with overseeing operations of both government agencies.
2025 Top Retirement Plan Adviser: Jeremy Weith
Thoughts from Jeremy Weith, with HUB Retirement and Wealth Management.
World Investment Advisors Names Edward Walters as President
Current CEO Troy Hammond, founder of the firm, will step down at the end of the year.
Judge Faults American Airlines for ESG ‘Influence’ on 401(k) Plan
The airline was not required to pay monetary damages, as the judge said plaintiffs failed to establish monetary losses.
74% Report Difficulty Saving for Retirement, per Goldman Sachs
Living paycheck-to-paycheck is a reality for 42% of surveyed Generation X, Millennial and Generation Z workers.
How Will the Government Shutdown Impact the Market?
Most government shutdowns do not last long enough to have a major economic impact, but private sector employment data show the economy already exhibited signs of weakness in recent...
Cash Balance Plans Top $1T, per Ascensus
Companies with fewer than 10 employees own more than half of all cash balance plans, a group of retirement plans outpacing 401(k)s in growth.
Advisers ‘Playing ‘Quarterback’ as IRS Changes Roth Rules
Defined contribution plan advisers and sponsors need effective teamwork as the Roth compliance deadline grows closer.
Drawing Lessons from Gen X’s Financial Missteps
Three separate studies highlight how a majority of Generation X respondents feel they fell short of their retirement goals.
Retirement Delays Undercut Optimism About Readiness
Delayed retirements could harm employees and employers alike, according to a new Nationwide report.
2025 Top Retirement Plan Adviser: Scott Ciullo
Thoughts from Scott Ciullo, with KerberRose Retirement Plan Services.
Product & Service Launches – 9/25/25
Equitable expands suite of RILAs; Prudential, LPL collaborate on insurance overlay; Snappy Kraken launches real-time AUM pipeline dashboard; and more.
Popular AI Chatbots Struggle With Estate Planning, but Pass CFA Exams
In separate studies, artificial intelligence chatbots gave misleading answers about estate planning and aced an overall exam for certified financial analysts.
2025 Top Retirement Plan Adviser: Manny Alonso
Thoughts from Manny Alonso, with Raymond James.
Forfeiture Complaint Against WillScot Dismissed
An Arizona judge dismissed all but one of the claims in a 401(k) plan forfeiture complaint against WillScot Holdings Corp.
Hedge Fund Reaches $7.9M Settlement of ERISA Lawsuit
Plaintiffs allege that GWA’s 401(k) strategy was extremely risky and egregious, and its retirement plan was 100% invested in its own hedge fund strategies.
Middle-Market Americans Remain Hopeful Despite Growing Financial Strain
Rising costs and mounting debt are testing confidence—especially among women, Gen X and younger adults—even as most still believe in the American Dream.
Retirement Industry Deals and People Moves – 9/19/2025
CapWealth taps Christopher Stevens as executive vice president; Access Holdings welcomes Sam Tidswell-Norrish as partner; Troutman Pepper’s Tax and Benefits Group adds Heather Heath Ryan as partner; and...
Breaking Down Misconceptions About Private Markets in DC Plans
A new white paper from Cerulli Associates and the Defined Contribution Alternatives Association addresses common concerns about the use of private markets in defined contribution plans.